Mount Baker Housing Association
- Assets
- $81.6m
- Revenue
- $6.8m
- Investments
- $0.0
- Employees
- 19
- Location
- Seattle, WA
- Founding
- 05/1993
- Data as of
- 12/2023
- EIN
- 91-1402983
Organization Overview
Mount Baker Housing Association is located in Seattle, WA. The organization was established in 1993. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Mount Baker Housing Association employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Baker Housing Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Mount Baker Housing Association generated $6.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $7.4m during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE LIVES & STRENGTHEN COMMUNITIES IN SOUTHEAST SEATTLE BY CREATING QUALITY AFFORDABLE HOUSING & SUPPORTING OUR RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOUNT BAKER HOUSING ASSOCIATION OWNS AND MANAGES ONE RESIDENTIAL PROPERTY, AND ITS AFFILIATES (TOGETHER WITH THE ORGANIZATION) OWN SIX RESIDENTIAL PROPERTIES AND FIVE DEVELOPMENT SITES, TWO OF WHICH IN 2023 WERE UNDER CONSTRUCTION, FOR A TOTAL OF 357 UNITS OF AFFORDABLE HOUSING IN SOUTHEAST SEATTLE.MOUNT BAKER HOUSING ASSOCIATION OFFERS A GENERAL RESIDENT SERVICES PROGRAM AVAILABLE TO ALL PERSONS RESIDING IN ANY ONE OF ITS COMMUNITIES LOCATED IN SOUTHEAST SEATTLE. THE CURRENTLY ESTABLISHED MT. BAKER HOUSING'S HOUSING STABILITY MODEL FOCUSES ON FINANCIAL SUSTAINABILITY, HOUSEHOLD WELLBEING, AND COMMUNITY BELONGING. THE PROGRAM OFFERS TO RESIDENT'S FINANCIAL ASSISTANCE, ACCESS TO HEALTH RESOURCES, LIFE SKILLS AND EDUCATION, FAMILY AND YOUTH SERVICES, AND COMMUNITY AND CULTURAL EVENTS. THE RESIDENT SERVICES PROGRAM USES TARGETED STRATEGIES TO INTENTIONALLY AND EFFECTIVELY WORK AT ENGAGING HISTORICALLY VULNERABLE AND DISENFRANCHISED COMMUNITIES FROM REFUGEE AND IMMIGRANT BACKGROUNDS, AS WELL AS COMMUNITIES OF COLOR. IT ALSO SPONSORS GUEST SPEAKERS AND PROGRAMS THAT HIGHLIGHT CONNECTION TO COMMUNITY, HEALTHY EATING, PUBLIC SAFETY, AND CIVIC ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryon Gongaware President | OfficerTrustee | 3 | $0 |
Theresa Luciano Vice President | OfficerTrustee | 3 | $0 |
Elizabeth Mckenna Secretary | OfficerTrustee | 3 | $0 |
Sue Cary Treasurer | OfficerTrustee | 3 | $0 |
Jill Fleming Director | Trustee | 2 | $0 |
Osama Quota Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aspect Consulting Llc Environmental Consulting | 12/30/23 | $660,807 |
Nobilis Llc Maintenance & Repair Services | 12/30/23 | $406,222 |
Dc Inc Engineering Services | 12/30/23 | $378,197 |
Cairncross & Hempelmann Legal Services | 12/30/23 | $266,548 |
Weber Thompson Architecture Services | 12/30/23 | $260,523 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $124,351 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,141 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,492 |
| Total Program Service Revenue | $5,606,324 |
| Investment income | $508,362 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $43,367 |
| Net Gain/Loss on Asset Sales | -$73,083 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,845,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $493,376 |
| Compensation of current officers, directors, key employees. | $316,622 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,255,022 |
| Pension plan accruals and contributions | $75,070 |
| Other employee benefits | $130,725 |
| Payroll taxes | $139,307 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $75,551 |
| Fees for services: Accounting | $228,723 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $311,677 |
| Advertising and promotion | $258 |
| Office expenses | $36,275 |
| Information technology | $325,509 |
| Royalties | $0 |
| Occupancy | $45,032 |
| Travel | $35,026 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,634 |
| Interest | $1,040,637 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $749,363 |
| Insurance | $0 |
| All other expenses | $11,323 |
| Total functional expenses | $7,386,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,856,785 |
| Savings and temporary cash investments | $3,406,719 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $844,015 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $8,660,745 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $108,188 |
| Net Land, buildings, and equipment | $48,826,404 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $607,046 |
| Intangible assets | $0 |
| Other assets | $16,312,590 |
| Total assets | $81,622,492 |
| Accounts payable and accrued expenses | $904,070 |
| Grants payable | $0 |
| Deferred revenue | $29,524 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $97,169 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $33,766,842 |
| Unsecured mortgages and notes payable | $12,347,541 |
| Other liabilities | $4,311,741 |
| Total liabilities | $51,456,887 |
| Net assets without donor restrictions | $30,165,605 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $81,622,492 |